Are unnecessary taxes destroying your clients' investment portfolio returns? It’s often difficult to answer this question without an in-depth analysis of your client’s investment portfolio, and few CPAs are equipped with the time or resources to perform this function. This is where a fiduciary Registered Investment Adviser (RIA) firm can help.
Your clients’ portfolio-related taxes are often heightened (unnecessarily) by factors such as poor investment vehicle selection, high turnover, improper tax location, and a lack of tax loss harvesting. This doesn’t have to be the case. The key is to identify the problem before it becomes a persistent drag on investor returns. This requires a skill set and time that most accountants are not necessarily equipped with. But if you’re concerned about protecting your clients from unnecessary portfolio taxation, then consider partnering with a fiduciary investment advisory firm that works on this problem every day.
Contact 4Thought Financial Group Inc. to find out how we can help you protect your clients today.